The electricity market has increasingly played a significant role in ensuring the smooth operation of the power grid. The latest incarnation of the electricity market follows a bottom …
This paper presents a local energy exchange mechanism to benefit residential customers and retailers under variable wholesale market spot prices. To do so, a peer-to-peer (P2P) …
The proposed system develops a peer-to-peer (P2P) energy trading-based Local Energy Market (LEM) solution which optimizes distributed energy resources (DERs). The blockchain …
Improper management of increasing distributed rooftop solar photovoltaic (PV) and electric vehicles (EVs) can impact distribution network stability and lead to the degradation of critical …